How Agility weathered 2020 
Kuwait-headquartered logistics group Agility has reported its results for 2020. While revenues for the year went up by 2.7% and reached KWD 1.6 billion (USD 5.3 billion), net profit declined by a significant 52.1% to KWD 41.6 million (USD 137.7 million). Ebitda, in turn, lost... more
Grangemouth receives dual-rail hub
The Scottish Port of Grangemouth has completed and opened a multimillion EUR railfreight hub with the arrival DRS’s Aberdeen freight train service. The new facility increases the capacity at Scotland’s largest port and includes a direct rail link to the port’s busy container... more
Halal-certified air cargo services in Japan
Nippon Express has expanded its domestic halal logistics services in Japan, whose Muslim population of about 200,000 will enter their holy month of Ramadan in exactly four weeks, on 16 April 2021, with the start of a new halal-certified domestic air cargo transport... more
MSC plans Sentosa service
MSC has launched a new container shipping link, the Sentosa service, to widen its network between southeast Asia and the US west coast, with a view to improving reliability in the transpacific network at a time when the entire market remains under considerable systemic pressure.... more
Truck stop vaccines for drivers
The National Association of Truck Stop Operators (Natso) in the USA along with a coalition representing trucking fleets and truck drivers in need, have urged the US centres for disease control (CDC) to designate truck stops and travel plazas as mobile vaccination sites to... more
Airoldi rises to top regional position
Fabrizio Airoldi has been appointed managing director of Geodis in Italy. He joined the global logistics services provider as management control manager back in 2006. Holding a degree in business administration, Airoldi began his career in the finance department before... more
Ceva Logistics narrows losses
In its consolidated results for 2020, Ceva Logistics, the logistics arm of CMA CGM, shows an 4.1% increase in revenue to USD 7.4 billion and an operating income of USD 135.0 million, four times more than the USD 31 million in the prior year. Losses for the period narrowed to... more
Supporting the export of products "made in Qatar"
Qatar Airways Cargo and Qatar Development Bank have joined hands to support local manufacturers in Qatar. The cargo carrier is offering discounted rates to local Qatari manufacturers who are current QDB clients and hold a certificate of origin for their products, to export to... more
Board of directors seeking new chairman
Urs Schwaller, chairman of Swiss Post's board of directors since April 2016, has decided to step down from his role as of 1 December 2021. "It’s the right time for Swiss Post and for me," the 68 year-old manager said. "We have systematically rectified past... more
K Line on the remote side
In Mid-March, the “Century Highway Green”, a car carrier fuelled by LNG that had been under construction at the Japanese Tadotsu Shipyard was delivered to K Line. It is the first newly-built vessel to obtain Nippon Kaiji Kyokai (Class NK) notation certifying that the ship is... more